WealthManagment.com Daily Memo
 
Wealth Management Daily Memo

AUGUST 25, 2023

Massachusetts Court Holds All State's Broker-Dealers To Fiduciary Standard

The higher court ruling overturns one that found in online broker Robinhood's favor in early 2022.

FULL ARTICLE

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RIA Channels

RIA Roundup: Avantax Adds Two Firms, $450M in Assets

In other RIA news, Wealthspire expanded into Denver, Hightower supported the acquisition of Trellis Advisors by partner firm Highland Private Wealth, and Apollon, Kestra PWS and Steward onboarded new advisors.

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WMTV on Location

Breaking Up is Hard to Do: A BD Transition Story

Transitioning to a new broker-dealer is a decision that should be made with a great deal of consideration and due diligence.

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Regulatory

Wells Fargo Overcharged Clients $27 Million in Fees, SEC Alleges

In June, Wells Fargo paid the affected accounts $39 million in reimbursed fees with interest.

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RESOURCE CENTER

Get to Know Wells Fargo Advisors Financial Network

Learn more ways to run your business independently.

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WEBINAR

Empowering Wealth Management: Mastering Tech Modernization at Scale

Join our webinar on Monday, September 11th, for insights into wealth management's digital transformation. Discover how to elevate revenue, engage clients, and navigate the evolving landscape. Explore tech tools, personalized strategies, and real case insights. Don't miss out!

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Wealth Management EDGE

Wealth Management EDGE Podcast: A Bull Market for Advice With BlackRock's Michael Lane

While markets have presented more challenges than opportunities over the last 18 months, the role of a financial advisor has never been more important—and both the demand for and access to advice has never been greater.

FULL ARTICLE